11 March 2022
Heritage Bank is making changes to fixed home loan and business lending interest rates effective Friday 11 March, 2022.
The rate changes are as follows:
HOME LOANS – new lending, switches and refixes
These changes are coming in to maintain the best interests of our customers overall. Our interest rate changes are implemented to ensure good pricing benefits for depositors and borrowers.
As a customer-owned bank, Heritage puts the best interest of members first. Unlike the big listed banks, we only aim to make a modest profit each year and then reinvest those funds into providing better products and services to all members. None of our profits are paid out to shareholders like the big listed banks.
You can find more information on our rates available at our interest rates page.